19 results for “Channahon”
Industrial N Illinois

The I-80 Corridor lags in big box leases

| Matt Baker

Chicago has seen a spate of large, spec industrial facilities tilt up in the past year. Now they’re leasing up. While big box projects throughout the region have begun to find users, the situation is a bit slower in the I-80/Joliet Corridor.

Industrial N Illinois

Industrial Outdoor Ventures secures $65M loan

Industrial Outdoor Ventures (IOV) has entered into a $65 million secured revolving credit agreement with a syndicate of banks led by CIBC. The credit facility allows IOV to expand its existing holdings to $100 million plus in assets, which the company expects to achieve over the next six months.

Industrial N Illinois

Big box vacancy finally decreases, but I-80 keeps on building them

| Matt Baker

Over the past two years, big box speculative construction deliveries resulted in a steadily increasing vacancy rate, even while net absorption remained positive. But for the first time in that span, according to a Colliers International report looking at the first quarter of 2018, the big box vacancy rate in the Chicago metro decreased by 4…

Industrial Midwest

Industrial demand pushes boundaries of strong I-55 Corridor

| Staff Writer

As the mid-point of 2016 approaches, Chicago’s industrial market continues to benefit from strong user demand, especially in distribution and warehousing sectors. This is particularly true in the I-55 corridor, where developers are pushing the geographic boundaries to find land for new buildings.

CRE Midwest

The DeLong Co. to relocate transload operation to CenterPoint Intermodal Center

| Staff Writer

CenterPoint Properties announced the addition of The DeLong Co. at CenterPoint Intermodal Center in Joliet, Illinois. The DeLong Co. will occupy 25 acres of land within CIC-Joliet to operate their transload operation. Josh Hearne of Cawley Chicago represented The DeLong Co., while Dan Leahy and Adam Roth represented CenterPoint in the transaction.

Industrial Midwest

Paine/Wetzel completes land lease in Joliet

| Staff Writer

Paine/Wetzel • ONCOR International has announced that Jerry Sullivan, principal and Brandon Wright, associate of the firm have completed the lease of 10 acres of land located at 2302 Channahon Road in Joliet, Ill. to Maritime Delivery Services, Inc.